Glottis IPO Details
The Glottis IPO is a book build issue with a total issue size of ₹307 cr, comprising of fresh issue of 12403100 equity shares., and a offer for sale of 11395640 equity shares. Glottis IPO opened for subscription on Sep 29, 2025 and closed on Oct 01, 2025. Glottis IPO is set price band at ₹120 to ₹129 per share, with a lot size of 114 shares. Minimum investment for Retail investors was ₹14,706.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Oct 03, 2025, and listed on both the NSE and BSE on Oct 07, 2025.
Kfin Technologies Limited has been appointed as the registrar. Pantomath Capital Advisors Pvt Ltd are the Book Running Lead Manager for the issue.
Before investing in the Glottis IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 120 – 129
- Lot Size
- 114
- Issue Size
- ₹307 Cr
- Minimum Investment
- ₹14706 (114 Shares)
- Listing Date
- 07 October 2025
Current GMP
₹1 (+0.78%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Glottis Ltd
Glottis Limited – Company Profile
Incorporated in June 2024, Glottis Limited is a logistics solutions company offering comprehensive multimodal transportation services through ocean, air, and road logistics. The company delivers end-to-end supply chain solutions across diverse industries, ensuring efficient movement of goods across domestic and international regions.
Service Portfolio
- Ocean Freight Forwarding: Project cargo, full container loads (FCL), and other import/export services.
- Air Freight Forwarding: Import and export solutions through global airline partnerships.
- Road Transportation: Nationwide distribution with owned and partner fleets.
- Ancillary Services: Warehousing, storage, cargo handling, third-party logistics (3PL), and customs clearance.
Operational Highlights
- During Fiscal Year 2024, the company handled approximately 95,000 TEUs of import cargo via ocean freight.
- As of February 2025, Glottis Limited operates across India through 8 branch offices in New Delhi, Gandhidham, Kolkata, Mumbai, Tuticorin, Coimbatore, Bengaluru, and Cochin, with its registered and corporate offices in Chennai. This network covers major transportation hubs nationwide.
- The company has a strong global presence, exporting to Europe, North America, South America, Africa, the Middle East, and Asia.
Customer Base
- Served 1,246 customers across 119 countries in the six months ended September 2024.
- Served 1,662 customers across 100 countries in Fiscal 2024.
- Served 1,513 customers across 87 countries in Fiscal 2023.
- Served 1,476 customers across 85 countries in Fiscal 2022.
Global Network
As of January 10, 2025, Glottis Limited has built a robust ecosystem of long-standing relationships with:
- 171 overseas agents
- 98 shipping lines
- 52 transporters
- 43 customs house agents
- 22 airlines
- 20 consol agents
Fleet & Scalability
The company owns 17 commercial vehicles, supported by its extensive network of agents and partners. This infrastructure allows Glottis Limited to scale operations rapidly, meet rising demand, and capture large business opportunities in the global logistics market.
Glottis IPO Promoters
- Ramkumar Senthilvel
- Kuttappan Manikandan
Promoters Holding
Holding Pre Issue
98.98%
Holding Post Issue
74.23%
Glottis IPO Objective
The Company Glottis IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding capital expenditure requirements of our Company, towards purchase of commercial vehicles and containers
- General corporate purposes
Address / Contact Info
Glottis Ltd.
New No. 46, Old No. 311
1st Floor
Thambu Chetty Street
Chennai, Tamil Nadu, 600001
Phone: +91 444266 5587
Email: info@glottislogistics.in
Website: https://www.glottislogistics.in/
IPO Snapshot
Book Running Lead Managers
- Pantomath Capital Advisors Pvt Ltd
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Glottis IPO is a Book-building IPO with a total issue size of ₹307 crore. The Glottis IPO price band is ₹120 to 129 per share. The Glottis IPO subscription opens on Mon, Sep 29, 2025, and closes on Wed, Oct 1, 2025. The Glottis IPO will be listed on the NSE,BSE. Kfin Technologies Limited is the registrar for the Glottis IPO.
The Glottis IPO opens on Mon, Sep 29, 2025 and closes on Wed, Oct 1, 2025
Glottis IPO Price Band is ₹120 to 129 per share.
Glottis IPO lot size is 114 shares, Retail investors need a minimum investment of ₹14706 based on the upper price band
The minimum investment for Glottis IPO is ₹14706, based on one lot of 114 shares at the upper price band of ₹129 per share.
Investors can apply for the Glottis IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Wed, Oct 1, 2025. The application amount remains blocked until the Glottis IPO allotment is finalized.
Glottis IPO issue size is ₹307 crores.
Glottis IPO allotment date is Wed, Jul 1, 2026.
The registrar for Glottis IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited website to check Glottis IPO allotment status, refund processing, and other IPO-related information.
The Glottis IPO GMP (Grey Market Premium) is ₹1 as of Fri, Oct 3, 2025. Based on the upper price band of ₹129 per share, the estimated Glottis IPO listing price is ₹130, indicating a potential listing gain of approximately 0% over the issue price.